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Hello all,
Would love to hear feedback on this deal I have come across.
Broad strokes - very broad...
12 unit apartment complex - 3 Quads
Sale price in 2015 - 1.4 Million
Mortgage = $982k AT 4% for 20Y
Net YEARLY ...
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Investment Info:
Small multi-family (2-4 units) other investment.
Brought in by previous client and asked to take over project management of a building consisting of a first floor, 3 bedrooms, 2 bath apartme...
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Been working on getting a second mortgage on our home for the past 30 days with no closing date in site. Everything requested has been completed. Only “off” thing that happened was an email to our insurance rep asking...
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This is potentially my first deal. I finally have a house under contract for assignment. I reached out to my very small network no one is getting back to me. What do I do now?
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Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
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Hi BP!I'm a huge fans of David Greene's BRRRR book it was one of my first reads. I have since referenced the book numerous times. I've actually used alot of the systems talked about in the book to scale my business ...
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Hey all! Looking for some advice. We are looking to do a private money lending deal with a company out of Chicago on a SFH. There are some details I just found out about. Although we will be the 1st lien holder on...
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Important 2024 Update for IRA-Owned LLC Investors: New Reporting Requirements Under the Corporate Transparency Act
Attention Real Estate Investors with IRA-Owned LLCs! As of January 1, 2024, a significant change is...
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Hello all, regarding deal analysis I have a question regarding the process; more specifically, when to perform a detailed analysis (before or after an offer has been made?). I assumed it would be BEFORE, however, I am...
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Hey everyone, had a debate with someone recently and I wanted to verify with all of you. I was told you have to pay capital gains tax on your primary residence and that you can only do a one time tax break to avoid i...